PLV 0.00% 1.2¢ pluton resources limited

have people read the announcement ?

  1. 1,046 Posts.
    Some of the stuff posted is pure garbarge..

    Mineline is not 11 years . The PFS was done on the Southern end only. Its reasonable to assume when the Northern end is incorporated it will be a 20 yr plus mine life - PERFECT FOR THE CHINESE !!

    Yes Capex is high but have ppl being living under a rock.. There has been a increase in all projects - a fact of doing business in Australia. I very much doubt it will be that high anyway.. These guys have been ultra conservative.

    So a JTC partner. I reckon a payback period of 3 years( based on this info) so for a Chinese group ( who produce there ore at $100 per ton) to have a 20 yr mine life PLV will be a bargin.

    The selling this morning... Prob most of Hotcopper.
 
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